O Shaughnessy Asset Management LLC Boosts Holdings in Relx Plc (NYSE:RELX)

O Shaughnessy Asset Management LLC raised its holdings in Relx Plc (NYSE:RELX) by 12.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 342,665 shares of the technology company’s stock after acquiring an additional 36,810 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Relx were worth $14,834,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in RELX. Optiver Holding B.V. purchased a new stake in Relx in the fourth quarter valued at $21,983,000. Goldman Sachs Group Inc. boosted its stake in shares of Relx by 13.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,349,527 shares of the technology company’s stock worth $132,842,000 after acquiring an additional 399,101 shares in the last quarter. Norges Bank purchased a new stake in shares of Relx during the 4th quarter worth about $12,255,000. Prosperity Consulting Group LLC purchased a new stake in shares of Relx during the 1st quarter worth about $4,664,000. Finally, QRG Capital Management Inc. boosted its stake in shares of Relx by 98.1% during the 1st quarter. QRG Capital Management Inc. now owns 206,698 shares of the technology company’s stock worth $8,948,000 after acquiring an additional 102,349 shares in the last quarter. 15.02% of the stock is owned by hedge funds and other institutional investors.

Relx Trading Down 0.8 %

Shares of RELX stock traded down $0.35 during mid-day trading on Tuesday, hitting $45.36. 652,411 shares of the stock were exchanged, compared to its average volume of 931,969. The firm has a fifty day moving average of $45.12 and a 200 day moving average of $43.28. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.51. Relx Plc has a 52-week low of $31.38 and a 52-week high of $46.65.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Relx in a research note on Tuesday, June 25th. They set a “hold” rating on the stock.

About Relx

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.